Trailing ValuationSep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23Mar '23Dec '22Sep '22Jun '22Mar '22Dec '21Sep '21

Stock Price

1,749.8

1,804.6

1,445.5

1,391.1

1,262.8

1,137.5

Total Shares Outstanding

22.1

22.4

22.4

22.5

22.8

23

Market Cap

38,693.1

40,450

32,344.6

31,312.2

28,769.4

26,116.9

Total Enterprise Value (TEV)

43,430.8

45,432.8

37,229.8

36,701.6

34,860.7

32,099.9

Dividend Yield

—

—

1.1%

—

—

—

Buyback Yield

3.8%

3.1%

5.8%

5.8%

5.1%

5%

Debt Paydown Yield

-7.1%

-3.6%

-4.1%

-6%

-4.2%

-6.5%

Shareholder Yield

-3.3%

-0.5%

1.8%

-0.2%

0.9%

-1.5%

P/S

0.8

0.8

0.7

0.7

0.6

0.6

P/E

8.5

9.2

8.4

8.7

7.7

7

Earnings Yield

11.8%

10.9%

12%

11.5%

13%

14.4%

P/OCF

8.7

10.7

10.5

7.8

6.8

8.5

P/FCF

10

12

12.2

8.7

7.5

9.8

FCF Yield

10%

8.3%

8.2%

11.4%

13.3%

10.2%

P/B

1.5

1.6

1.3

1.3

1.2

1.1

EV/Sales

0.9

0.9

0.8

0.8

0.7

0.7

EV/EBITDA

4.7

4.7

4.1

4.4

3.8

3.9

EV/EBIT

5.1

5.1

4.6

4.8

4.1

4.4

EV/OCF

9.8

12

12

9.2

8.2

10.4

EV/FCF

11.2

13.5

14

10.2

9.1

12